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Mon 14 Sep 2009, 17:31 NT1 - Net 1 UEPS Technologies Inc. - Notification of director`s dealings in
NT1
NT1                                                                             
NT1 - Net 1 UEPS Technologies, Inc. - Notification of director`s dealings in    
                             Net1 securities                                    
Net 1 UEPS Technologies, Inc.                                                   
Registered in the state of Florida, USA                                         
(IRS Employer Identification No. 98-0171860)                                    
Nasdaq share code: UEPS                                                         
JSE share code: NT1                                                             
ISIN: US64107N2062                                                              
("Net1" or "the company")                                                       
Notification of director`s dealings in Net1 securities                          
In compliance with rule 3.63 to 3.65 of the JSE Limited Listings Requirements,  
the following dealings in the securities of Net1 have taken place by a director 
of the company:                                                                 
Director:                         Antony Ball                                   
Number of securities:             25,001                                        
Class of security:                Common stock                                  
Nature of interest:               Direct, beneficial                            
Nature of transaction:            Exercise of options / Sale of shares          
Option strike date:               7 June 2004                                   
Date of transactions:             10 September 2009                             
i)   Nature of transaction:       Exercise of options                           
    No:                          25,001                                         
    Exercise period:             Exercise of third, fourth and fifth            
tranche of options granted on June 7,          
                                 2004                                           
    Price:                       USD $3.00                                      
ii)  Nature of transaction:       Sale of shares                                
No:                          25,001                                         
    Price:                       USD 20.00                                      
    Total transaction value:     USD 500,020.00                                 
14 September 2009                                                               
Johannesburg                                                                    
Sponsor to Net1:                                                                
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 14/09/2009 17:31:01 Produced by the JSE SENS Department.                  
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